Retirement plan

A&E INCORPORATED 401(K) PROFIT SHARING PLAN & TRUST

Name: A&E INCORPORATED - A&E INCORPORATED 401(K) PROFIT SHARING PLAN & TRUST (2016) Form 5500
Creator: A&E INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, A&E INCORPORATED 401(K) PROFIT SHARING PLAN & TRUST, A&E INCORPORATED

A&E INCORPORATEDEIN 39-0778827Plan #001PY 2016

5501 21ST ST - RACINE, WI 534065067262-554-2300aeincorporated.comLinkedIn51-200 employeesmachinery

Prospect flagsHigh feesCorrective distributions

Top hat statement on fileNQDC

Filed January 4, 2018 (most recent of 4 filings on file)

Plan administrator

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5501 21st Street

Racine State: WI Zip Code: 53406

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Plans declared (1)

A & E Incorporated Phantom Stock Plan for Mark R. Wendt1 emp

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Total assets (EOY)

$6.9M

No prior year

Total participants

137

No prior year

Average account balance

$51,623

No prior year

Annual return

7.43%

No prior year

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$10.82M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$75K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

145

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$766K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.47%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$317

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
JOHNSON BANK2+ years Service code 15 · EIN 39-1141446	Recordkeeping	$34,751
WINTER, KLOMAN, MOTER & REPP, S.C.1+ years Filed as: WINTER KLOMAN MOTER AND Service code 10 · EIN 39-1275499	Accounting	$11,000
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290	Contract Administrator	$9,287
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$55K

$455 / participant

Contract admin$44K80.0%
Other / not subdivided$11K20.0%

% of EOY assets

0.796%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WINTER, KLOMAN, MOTER, REPP, SC
Auditor EIN: 391275499
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,623

$60,165-14.2%

$74,184-30.4%

$55,167-6.4%

Participation rate

97.5%

74.2%+23.4pp

76.6%+20.9pp

69.0%+28.5pp

Annual return

7.43%

10.00%-2.6pp

17.74%-10.3pp

169.23%-161.8pp

Employer contribution / active EE

$1,553

$1,600-2.9%

$2,370-34.5%

$1,963-20.9%

Participant deferral / active EE

$3,268

$2,973+9.9%

$3,550-7.9%

$3,054+7.0%

Admin fee / account holder

$411

$419-2.0%

$5,586-92.6%

$504-18.5%

Provider

Service type

Compensation

JOHNSON BANK2+ years

Service code 15 · EIN 39-1141446

Recordkeeping

$34,751

WINTER, KLOMAN, MOTER & REPP, S.C.1+ years

Filed as: WINTER KLOMAN MOTER AND

Service code 10 · EIN 39-1275499

Accounting

$11,000

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$9,287

WILSHIRE ASSOCIATES INCORPORATED1+ years

Service code 27 · EIN 95-2755361

Advisory (Plan)

A&E INCORPORATED 401(K) PROFIT SHARING PLAN & TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

A&E INCORPORATED 401(K) PROFIT SHARING PLAN & TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion